Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1887-06-23

was amazed Mt being shown a Iced pencil
ienoranda reading; Wiltshire, Eckcrt &
70, S9N,WO; j. ". Wiltshire, $4,000.
ana so on through a long list. There was
no collateral, no security whatever. Bald
WIN Hopkins were unable To make an
explanation and Harper could offer none.
Even after This II l. said m offer 10 permit
the oank 10 continue was made if these
ul'e men were expelled and new capital
UIousht In. but when inquiry was madras
70 how much would be required, the
answer was Sl,000,c00 at least. That stag
s'leo The directors, and although they stin
hoped 10 form REORGANIZATION, II Is most
probable tbat the fear thai further cxami.
nation would reveal further deficit deferred
them. The fact - that Harper concealed
nom the directors his connection with the
wheat deal. lie i said 10 have admitted
yesterday That he did not 20 into the wheat
coal bimSeli but he hOnofcd an over.
draft for Wiltshire for $4,000 and
then put IN the rest TO save that. He
charges the whole break 10 the action OF
The Chic9gO Board Of Trade making all
wheat regular. Bank Examiner Powell i
credited with saving that the condition OF
The bank i wOful. He said it was singu-
lar how Harper had deceived everybody
about the matter. In this connection II
may he recalled that when the wheat panic
occurred IN Chicago and rumoTs were cur.
rent OF run on the Fidelity Bank, Harper
stated repeatedly 10 parties asking for in.
formation that he did not know who was
IN the wheat deal. and he went 20 far a. TO
say that he did not believe 1t was managed
al all i'm Cincinnati. but was conducted from
California and Cleveland. More attach
mont> on Harpcr'S property have been made,
and everything he has Is now tied up.
CINCINNATI, June 22.-As the eX lmna.
tion OF The Fidelity National Blink pro.
cccdS the Governors deficit increases. II is
now common talk on the streets that the
liabilities Of the bank will reach the stu.
pend0us sum OF $4,000, 000, while The assets
dWirdlc in proportion. II seem, a fore
gone conclusion that the depoSit)rS will
get next 10 nothing. This is the general
talk. Tut Of course it is unofficial AMI can
not be verified until the bank examiner
completes his work and makes his report.
Ii Is stated to-day that a memorandum.
which l. a substitute for collateral shows
that Wiltshire used Sl,l00,000 OF the banks
money, and that tine collierals Tor other
loans were hypOthccated in New York and
elsewhere. II is the belief Of some that
Wiltshire acted a. the agent Of Harper i'm
really a borrower. Vice President Harper.
Cashier Baldwin,, and Assistant Cashier
Hopkins are under arrest on warrants
sworn out 10y Bank Examiner Powell.
HarpeT'S bail Is fixed at 5000 and the
Others $4,000 each.
Publication was made here that swift a
yman, attorneys for the Exchange Ma
iional Bank, Chicago, were here 10 push a
claim Of $3.50. 600 against the Fidelity. The
truth is that the amount was Sl9S.G6 Last
saturday Mr.. swift presented a certificate
Ot deposit and demanded the money. He
was told that the American Exchange did
not have that sum TO H. credit. He then
Ccmsuded the balance, Whatever il might
bs, and We, told that payment had been
stopped. In view Of the apparent nc@li.
reuce Of President Briggs. swift, and
Other directors, there j. strong tax OF
causing their arrest. although it would be
hard t. tud even a suffering creditor in
Cincinnati 10 demand il.
one Who knows but declines to give his
name slys that Ten days ago hc, with Pre-
>idtnt swift. went over and called the loan
account and found it lll right. He -ays he
Is certain thai Harper had done all this
crooked work within the past ten days or
two weeks. and 1t could not well be known.
He does not think There is any reflection on
President swift. While there i, no effect
upon the banks from this failure, there /, 4
marked restriction Of business. Business
men stand appalled, a. the glaring features
OF tbs great fraud are revealed.
Bank Examiner Powell has been exceed
ipgiy busy all day in an attempt 10 get
kuoWlcdee of The condition Of The Fidelity
B.nk. The receiver Ia, not yet under.
taken the responsibility Of his Ofice.
Powell to-day made di>cOyeric, which
justified him, under the advice OF District
Attorney Burnett and Assistant Bruce, 70
cause the arrest, the second time, OF llars
per, Baldwin, and Hopkins. Tni, is a new
feature OF the case, a. II consists OF the
charge Of conspiracy TO deirlud 10y
issuing on june 1lth the three draft, OF
$4,000 each in favor Of Wil.z'hire,
EckcIt * 60. upon the Chemical National
Bonk OF New ork signed by B. J., Hop
kln,, assistant cashier. The chirge is con-
,pIiu2 To- commit an Offence a-iia-i the
law, of jlc United states by unIawiulll
and VlfuNy mi-applying the funds and
cI,Git. oI me banking institution, I'm par
stance Ct which purpose they Issued these
drafts.
Another affidavit charges the same per
sons with conspiracy 10 commit an offence
.-lirs; the United STATES laws by issuing
ou Nav l3,h iu-, "aud causing 10 DE triu>-
uilicd to tie comptroller Of the Currency
q 'al.c and fraudulent report Of ,ald Fidcll'
rs National Bank 40 The close 81 business
Way 70. l>S-. iu tb'> tina; aid back did not
have in Il, possession H. stated in said rc-
mort. SG30.DOO ~ lrgll.icuder notes ana
-23J.3IU IN silver certificates, they knowing
these amount. were not there and making
the statement ia pursuit Of conspiracy to
deceive certain Ciitcr, q -lid national
bank end tie agent appointed 10 examine
ID, Allan, Of sad luih.
The arrest va, made upon these allij1.
Wis, which were sworn ID by Powell. Late
TN, afternoon the prisoner, were taken TO-
gctltr before United STATE, Commissioner
Ioopor, where they waived cXlmln alton,
and were bound over TO appear ut the &C.
tobcr term oI the court. Harper gave
bond, in the sum Of $1,000. and tie other
two - coo each.